Plan Snapshot
- Plan Sponsor: Gonnella Baking Co.
- Sponsor EIN: 361143800
- Sponsor Address: 1117 E. WILEY ROAD, SCHAUMBURG, IL, 60173
- Plan Type: 401(k)
- Total Participants: 363
- Total Assets: $40.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 363 | $40.4M | $3.3M | $1.8M |
| 2023 | 329 | $27.7M | $1.0M | $1.7M |
| 2022 | 319 | $23.2M | $1.0M | $1.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $67,228 | — | $67,228 |
| MORGAN STANLEY | INVESTMENT ADVISOR | $15,590 | — | $15,590 |
| WARADY & DAVIS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- WARADY & DAVIS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,818
- Estimated Expense Ratio: 0.205% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $82,868 | $15,590 | — | — | — |
| 2023 | $61,105 | — | $60,930 | — | — |
| 2022 | $74,813 | — | $60,560 | — | $13,928 |